What Is Fartcoin? Price, Solana Meme Coin Overview and Trading Guide

The best exchanges to trade Fartcoin (FARTCOIN) in 2026 include Phemex, Coinbase, Kraken, OKX, and HTX.

An AI chatbot suggested a fart-themed cryptocurrency as the "perfect meme coin." Someone actually launched it. Within two months, it hit a $2 billion market cap and briefly became the second-largest meme coin on Solana behind Official Trump. That is the Fartcoin story, and whether you find it absurd, fascinating, or both, it moved real money.

Fartcoin launched on October 18, 2024 through Pump.fun at a price of $0.000055. By January 19, 2025, it reached an all-time high of $2.48. As of February 2026, FARTCOIN trades around $0.18 to $0.20 with a market cap near $190 million. It has roughly 160,000 holders and trades $30 million to $40 million in daily volume. There is no roadmap, no utility, no team with LinkedIn profiles. This is pure meme speculation, and the price action reflects that.

How Did Fartcoin Start?

The origin story is what makes Fartcoin different from the thousands of Solana meme tokens that launch and die every week.

An AI agent called Truth Terminal, created by researcher Andy Ayrey, was running conversations in what Ayrey called the "Infinite Backrooms," essentially two AI instances talking to each other in an unsupervised loop. During one of these conversations, the AI generated the concept of a fart-themed cryptocurrency as a satirical take on meme coin culture. The concept gained attention on X (formerly Twitter), and someone launched the token on Pump.fun in October 2024.

What happened next separated Fartcoin from the noise. Marc Andreessen, co-founder of Andreessen Horowitz (a16z), gave a $50,000 grant to the Truth Terminal project. That association with one of tech's most recognized venture capitalists gave Fartcoin a credibility signal that most meme coins never get. Crypto influencer Murad Mahmudov added it to his public meme coin watchlist, bringing it to an audience of hundreds of thousands of followers.

Andy Ayrey later sold over $20 million in FARTCOIN to fund a Truth Terminal Foundation and treasury. That selloff triggered the decline from its all-time high, a pattern that meme coin traders have seen before.

What Does FARTCOIN Actually Do?

Honestly, not much. This is a feature, not a bug, for a meme coin.

FARTCOIN is an SPL token on Solana with a fixed supply of 1 billion tokens, virtually all of which are already in circulation (999.98 million). There was no presale, no VC allocation, and no team tokens. Initial distribution happened through community submissions of fart memes and jokes, which reinforced engagement but did not create any functional utility.

The project's novelty feature is a "Gas Fee" system that triggers a digital fart sound on transactions. It is silly by design. The official X account is community-managed and explicitly avoids price speculation, which may keep the project on the right side of SEC guidance around community meme coins.

Token distribution is notably decentralized for a meme coin. The top 10 holders control only about 0.3% of supply, and with 160,000+ holders, there is no single entity that can dump the market in one transaction. Compare that to tokens like Official Trump, where 80% of supply sits with affiliated entities.

There is no governance module, no staking mechanism, and no verified on-chain utility beyond holding and trading.

CoinDesk has confirmed that claims of governance or DAO features from third-party sources cannot be verified against the actual deployed contracts.

FARTCOIN Price and Market Data

The price trajectory tells the full story. FARTCOIN went from $0.000055 at launch to $2.48 at peak, a gain exceeding 4,000,000% in about three months. It then fell 92% from ATH to current levels around $0.19. The January 2025 peak coincided with the broader meme coin mania around Trump's inauguration, and the subsequent crash tracked the LIBRA scandal and broader crypto market weakness in Q1 2025.

In April 2025, FARTCOIN briefly overtook BONK as the second-largest Solana meme coin by market cap at $1.08 billion. Large whale purchases (three buyers spent $5.5 million in a single day) drove that bounce, which highlights how quickly sentiment and capital can shift in this market.

How Does Fartcoin Compare to Other Solana Meme Coins?

Fartcoin's position in this landscape is worth understanding. It is not the biggest (TRUMP dominates), not the oldest (BONK launched two years earlier), and not backed by brand IP (like PENGU). What it does have is an unusual origin story (AI-generated concept), extremely decentralized distribution, and a track record of recovering from deep drawdowns. It bounced nearly 400% from its March 2025 low of $217 million market cap back to $1 billion+ in April 2025.

GOAT (Goatseus Maximus) shares the same Truth Terminal origin but has a smaller market cap and lower volume. If the AI meme coin narrative gains traction again, both tokens would likely move together.

What Are the Risks?

There is no way to soften this. Fartcoin is one of the riskiest assets you can trade.

No fundamentals. There is no protocol, no revenue, no product, no team accountable for development. Price is entirely driven by attention and sentiment. When the memes stop, the buying stops.

92% drawdown from ATH. FARTCOIN has already demonstrated it can lose over 90% of its value. The fact that it rallied before does not guarantee it will again. Survivorship bias is strong in meme coin discussions because you only hear about the ones that bounced.

Meme coin rotation. Capital in this sector moves fast. A new viral token (the next TRUMP, the next AI agent coin) can pull attention and liquidity away from Fartcoin overnight. This is not a sector where holding long-term is rewarded consistently.

Whale-driven moves. Despite good holder distribution at the retail level, large buyers can still move a $190M market cap token significantly. The April 2025 pump was triggered by just three wallets spending $5.5 million.

Regulatory risk. The SEC has indicated community meme coins may not be securities, but that guidance can shift. Any tightening around meme token trading could impact the entire sector.

How Do You Trade FARTCOIN on Phemex?

FARTCOIN is available on centralized exchanges:

Trading FARTCOIN on Phemex:

Step 1: Create your Phemex account and complete verification.

Step 2: Deposit USDT via card, bank transfer, or P2P trading.

Step 3: Open the FARTCOIN/USDT trading page. Use the built-in TradingView charts to check volume trends and RSI before entering. For meme coins, volume spikes often precede price moves, so watching the volume bars matters more than traditional indicators.

Step 4: Place your order. Limit orders are safer for entries on volatile meme tokens. Market orders on thin books can result in significant slippage.

For meme coin traders, Phemex's Trading Bots can run grid strategies during range-bound periods, and Copy Tradinglets you mirror traders who specialize in high-volatility plays. Phemex maintains monthly Proof of Reserves with Merkle Tree verification and stores 70%+ of assets in Fireblocks cold storage.

👉 Trade FARTCOIN on Phemex →

Frequently Asked Questions

What is Fartcoin in simple terms?

A Solana meme coin created by an AI chatbot called Truth Terminal. It launched on Pump.fun in October 2024, hit a $2 billion market cap in under two months, and has no utility, roadmap, or known team. Pure meme speculation.

Is Fartcoin a good investment?

Fartcoin is not an investment. It is a speculative trade. There are no fundamentals to analyze, no revenue to model, and no product to evaluate. If you trade it, size your position as money you are comfortable losing entirely.

Why did Fartcoin crash from its all-time high?

Founder Andy Ayrey sold $20M+ in tokens to fund Truth Terminal Foundation, the broader market was hit by the LIBRA scandal and trade war fears, and meme coin capital rotated to newer tokens. The 92% decline followed the standard meme coin lifecycle of hype-peak-bleed.

Is FARTCOIN on the Solana blockchain?

Yes. FARTCOIN is an SPL token on Solana. When withdrawing from an exchange, select the Solana network. The contract address is 9BB6NFEcjBCtnNLFko2FqVQBq8HHM13kCyYcdQbgpump.

How is Fartcoin different from BONK or WIF?

BONK launched through a massive airdrop to the Solana community. WIF went viral on a simple meme image. Fartcoin was generated by an AI conversation, received a $50K grant from Marc Andreessen, and launched through Pump.fun. The AI origin and a16z connection make it structurally different in terms of narrative, even though all three are utility-free meme tokens.

Bottom Line

Fartcoin is crypto at its most chaotic. An AI dreamed up a fart coin, someone launched it, a billionaire VC gave it a grant, and it hit $2 billion in market cap before crashing 92%. None of this makes traditional financial sense, and that is exactly the point.

If you trade meme coins, you already know the rules: small position sizes, no emotional attachment, take profits on the way up, and accept that any meme token can go to zero. FARTCOIN's decentralized holder base and AI origin give it more staying power than most Pump.fun launches, but staying power in meme coins is measured in months, not years.

This article is for educational purposes only and does not constitute financial or investment advice. Meme coins are extremely high-risk, speculative assets with no underlying value. Only trade with capital you can afford to lose completely.